EV Uptake Faster than Expected: Benling India

Hyundai Registers Double-Digit Sales Growth in January 2021

Electric Vehicles or EVs are an important resource for battling pollution and improving the lives and lifescapes of citizens, said Amit Kumar, ED and CEO, Benling India. It is, therefore, good to see the strong and visible focus the Union Budget 2022 puts on enhancing the use and operational availability of EVs in the country, he pointed out.  

Kumar said, “While India’s electric vehicle market is expected to grow at a compounded annual growth rate (CAGR) of 90 percent to touch USD 150 billion by 2030, it may be safe to say that this market is still in its infancy. With EV sales accounting for barely 1.3 per cent of total vehicle sales in India during last year, the positive policy inputs such as those in the present budget and the shift to shared, electric, and connected mobility could help the country immensely in reducing harmful polluting emissions.” 

He added, “The Union budget 2022 has proposed some very assertive measures which will promote the market for EVs across small towns and cities. There is an impactful thrust towards renewable energy incentives with an increased focus on reducing infrastructural waste for a greener tomorrow. This shall happen on the back of measures designed to overcome the hesitancy most buyers have when it comes to EVs. For instance, proposals for the furtherance of clean energy and the ‘Gati Shakti’ initiatives are important areas for the commercial EV segment. In fact, the demand incentives provided under FAME II, the launch of various state policies, the incidence of runaway and consistently rising fuel prices, tightening emissions laws, and increasing awareness about environment and its sustainability are few factors making the EV sector attractive to larger automobile players and financial investors. 

“The sector is also witnessing some clear tech-led trends which will define its contours in the coming years. Smart charging where the infrastructure can manage need based charging and also charge itself will be a boon for countries such as India. Autonomy and self-driving cars have seen some big changes over the past couple of years and some movement can be expected in India as well. Increased bets on heavy-duty fuel cell vehicles should see this tech adoption take off soon too. Another trend is the introduction of EVs in different segments to accommodate consumer lifestyles. Alongside the EV trend is the growing dependence on using technology to enhance user experience and drivability. The movement away from analog indicators, switches and dials has been gradual: flat panel displays replace the variety of analog indicators, and touch screens replace the knobs, switches, dials and buttons. There is now a desire to integrate all these individual displays and touch panels as a contiguous surface. Solutions from innovative companies that do things in a different and better way will be the key to forging ahead. Customers want better, and there is a strong motivation in the industry to meet these expectations.” 

He said, “Following the launch of the FAME India plan, which aims to transition toward e-mobility in the light of expanding international policy commitments and environmental difficulties, the EV market in India has gained substantial momentum. Additionally, India has the world's largest untapped market, particularly for electric two-wheelers. The automatic route market is likely to gain traction in the next few years due to the fact that 100 percent foreign direct investment is permitted in this sector.” 

He also exuded confidence that with increasing demand and investments, the requirements for a skilled workforce in the EV sector can only be expected to grow. “An early identification and investment from government can ensure timely readiness and help capture the opportunity of green jobs that come along with the EV transition. Facilitating public and private investments into skilling, re-skilling, upskilling; research and development, especially for batteries; and innovation hubs at this stage will help reach the desired levels of preparedness for a just EV transition while ensuring local innovation and technology development,” he pointed out. (MT)  

Renault Group Consolidates EV Services Under New Plug Inn Brand

Plug Inn

French automotive major Renault Group has announced the unification of its electric vehicle charging activities and related services under the single brand name – Plug Inn. Replacing the previous operations managed under Mobilize Beyond Automotive, the new brand is intended to simplify the Group's charging ecosystem as electric mobility scales across Europe.

The consolidation brings three core divisions under the new banner:

  • Plug Inn Fast Charge: An ultra-fast charging network featuring stations with power outputs up to 320 kW.
  • Plug Inn Powerbox: A bidirectional charging solution integrated with vehicle-to-grid (V2G) services.
  • Plug Inn Charge Pass: A payment solution providing access to charging infrastructure throughout Europe.

The name change commences with fast-charging stations in France this April, with other services transitioning by the end of the year.

The network currently allows compatible vehicles to recover 400 km of range in approximately 15 minutes. Renault Group has set a target to operate 93 stations by end-2026. These stations are primarily located at Renault dealerships near major road axes and are accessible to electric vehicles from all manufacturers.

Facilities at these sites include 24x7 maintenance, Plug & Charge compatibility and selected premium lounges equipped with Wi-Fi and workspaces. The Group reports a network reliability rate exceeding 99 percent.

Jerome Faton, VP Customer Experience & Energy, Renault Group, said, “Our priority is to simplify every step of the electric experience for our customers by offering them a reliable, clear and scalable charging ecosystem. With Plug Inn, we are setting a structuring milestone: an infrastructure designed to support, on a large scale, the ramp-up of zero-emission mobility in Europe. Beyond a change of name, Plug Inn embodies a strong industrial and technological ambition: to create a reference standard, harmonise the charging experience, and support the acceleration of electric vehicles by focusing on service quality, transparency and trust. This is how we will help make the transition to all-electric mobility a simple, seamless and accessible reality for everyone.”

Trev Mobility Secures INR 36.5 Million In Angel Funding For NCR Expansion

Trev

Trev Mobility, an electric vehicle (EV) mobility platform, has raised INR 36.5 million in an angel funding round from its existing user base. The company intends to utilise the capital to increase its vehicle fleet and scale operations across the Delhi-NCR region, including Gurgaon, Noida, Faridabad and Ghaziabad.

Launched in January 2024, the platform operates a fleet of 100 EVs featuring models from BYD and MG Motor. The company provides services for airport transfers, rentals and outstation travel, reporting that 75 percent of bookings are processed through its mobile application.

It has completed over 45,000 trips, with a claimed 55-60 percent repeat user rate. Its all-electric vehicle fleet focusses on premium chauffeur services.

The start-up has also integrated AI-powered dashcams for in-ride security and driver accountability.

The funding follows a period of growth in India's electric mobility sector. Trev Mobility positions itself at the intersection of luxury and accessibility, focusing on vehicle maintenance and hospitality standards. The company's strategy involves expanding into urban use cases as national EV adoption increases.

Naveen Gupta, Founder, Trev Mobility, said, “Seeing our own customers invest in Trev is a powerful validation of the trust we’ve built and the experience we deliver every day. This funding allows us to double down on our core strengths – immaculately maintained vehicles, high standards of hospitality, and a reliable, premium ride experience. Our goal is to build a service that feels less like a cab and more like your own personal car. With 100 EVs now on the road, 4 cities covered, and 40,000 rides delivered, we are just getting started on our mission to make premium electric mobility accessible to every Indian commuter.”

PeakAmp, Pacto Power Join Forces For Battery Waste Management

PeakAmp - Pactor Power

PeakAmp, a battery circularity and resource recovery firm, has entered into a partnership with Pacto Power to manage battery waste across its operations. The agreement focuses on the collection, logistics and recycling of units, alongside ensuring Extended Producer Responsibility (EPR) compliance.

Under the terms of the partnership, PeakAmp serves as the exclusive partner for end-to-end battery waste movement. The collaboration aims to transition battery waste through authorised channels to improve material recovery and reduce leakage into informal networks.

The key areas of collaboration include establishing systems for the documented movement and disposal of battery waste for traceability. Second-life applications by developing uses for batteries beyond their initial vehicular or industrial lifespan. Research into new lithium-ion battery production.

The partnership reflects a shift in the sector towards integrating traceability into waste management systems as battery volumes increase.

Aditya Sudhanshu, Co-Founder & COO, PeakAmp, said, “As battery usage continues to grow, it becomes important to manage battery waste in a responsible and compliant way. Our partnership with Pacto Power helps us ensure smooth collection, recycling, and compliance management across the entire battery lifecycle. We look forward to building a more transparent and efficient battery waste ecosystem together.”

Manoj Kushwaha, Director, Pacto Power, added, “Partnering with PeakAmp marks an important step in strengthening our commitment to responsible and compliant battery lifecycle management. As we continue to scale our operations, ensuring proper handling of battery waste and meeting EPR obligations becomes critical. PeakAmp’s structured approach to collection, recycling, and compliance will help us build a more transparent, efficient, and sustainable system. We also see strong potential in collaborating on second-life applications and advancing lithium-ion battery innovation together.”

Ultraviolette Partners Elektrorider For Hungary And Danube Region

Ultraviolette Automotive

Ultraviolette, the Bengaluru-based electric vehicle manufacturer, has announced a strategic alliance with Elektrorider, appointing the firm as its official importer and distributor for Hungary and the Danube region. The agreement covers six markets – Hungary, Croatia, Slovakia, Romania, Slovenia and the Czech Republic, expanding Ultraviolette’s European footprint to 19 countries.

Under the partnership, Ultraviolette will introduce its performance electric motorcycles, the F77 MACH 2 and F77 SuperStreet, to Central Europe. The expansion utilises Elektrorider’s existing retail infrastructure in electric motorcycles, scooters and e-bikes.

Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, “We are excited to partner with Elektrorider to introduce the Ultraviolette brand in Hungary and Central Europe. This alliance marks a pivotal milestone in our global expansion as Ultraviolette moves beyond India into some of the world’s most discerning motorcycling markets. With a strong foothold already established across 12 European countries, Ultraviolette is poised to accelerate worldwide growth following successful launches in these demanding countries. To riders across Hungary and Central Europe, we seek to bring Aviation based design, unmatched capability and performance, along with future-forward technology that redefine the motorcycling experience with every Ultraviolette ride. Guided by this vision, we are confident that this partnership will establish a world-class Ultraviolette ecosystem, right from product experience to aftersales support. This is only the beginning, and we are excited and confident of the journey ahead.”

Attila Pavuk, COO, Elektrorider, added, “We are equally excited and proud to introduce Ultraviolette to Hungary and the Central European market and go ballistic with the brand’s both visually striking and technologically cutting-edge performance motorcycles. At Elektrorider we represent a lifestyle built around performance, freedom, adventure, and reliability. With deep roots in the CEE market, we combine data-driven insight with real riding experience; we don’t guess but listen and analyse. We understand this region because we live here, ride here, and build meaningful partnerships with brands that share the same high standards, such as Ultraviolette. To motorcycle enthusiasts throughout Hungary and Central Europe, this alliance merges India’s high-tech offer, bold design, exceptional capability, and forward-looking technology with European riding expectations that elevate the electric experience to the next level. With this vision at the core of our partnership, this marks the start of an exciting journey, and we couldn’t be more enthusiastic about what lies ahead.”